3) Suppose you deposit $10,000 in a savings account that pays interest at an annual rate of 5% compounded quarterly. How many years will it take for the balance in your savings account to reach
$12,000?

9514 1404 393

  3.67 years

Step-by-step explanation:

The amount is found using the compound interest formula.

  A = P(1 +r/n)^(nt)

for principal P invested at annual rate r compounded n times per year for t years.

We can solve this for t:

  A/P = (1 +r/n)^(nt) . . . . divide by P

  log(A/P) = (nt)log(1 +r/n) . . . . take the logarithm

  t = log(A/P)/(n·log(1 +r/n)) . . . . divide by the coefficient of t

Filling in the given values, we find ...

  t = log(12000/10000)/(4·log(1 +0.05/4)) ≈ 3.6692

It will take about 3.67 years for the balance to reach $12,000.

the answer is 3.67 years

how do heroes resolve conflicts in beowulf?

question 15 options:

they sue each other in court

they get a mediator

the seek counseling

they get even or take revenge

step-by-step explanation:

the polynomial is a perfect square trinomial of the form a^2-2ab+b^2:

option a. true

step-by-step explanation:

9x^2-12x+4

comparing with the form a^2-2ab+b^2

1.) a^2=9x^2

solving for a: square root both sides of the equation:

sqrt(a^2)=sqrt(9x^2)

a=sqrt(9) sqrt(x^2)

a=3x

2.) b^2=4

solving for b: square root both sides of the equation:

sqrt(b^2)=sqrt(4)

b=2

to be a perfet square trinomial 2ab must be equal to 12x. let's check:

2ab = 2 (3x) (2)

2ab = 12x

correct